Mobile Wallets

Mastercard Inc. introduced a so-called sonic brand identity, including a melody that will play when users deploy Mastercard in physical, digital, or voice commerce. Wells Fargo & Co. said late Thursday that its ATMs were back in service after an outage affected the bank’s ATMs, online and mobile banking services, …

Segpay Corp. debuted its Merchant Services Group, which is tasked with direct merchant-account placement, gateway, and other services for e-commerce merchants. Segpay has operated as a payment facilitator since 2005. A subcommittee of the U.S. House of Representatives’ Financial Services Committee will have a hearing at 2 p.m. Est. Feb. …

PayPal Holdings Inc. says it has lent $50 billion to American consumers since it bought the BillMeLater lending service 11 years ago. The company also advanced its efforts to generate revenues from its Venmo peer-to-peer payment service by making subscription payments to the Tidal music-streaming service available through Venmo. Now …

The concept of push payments is finding favor among payments providers as two companies separately announce new disbursement services. Atlanta-based Repay said its Instant Funding service enables organizations to send funds directly to eligible Visa Inc. debit and prepaid cards via Visa Direct, the network’s real-time debit service. Repay’s lending clients, …

When the technology emerged, mobile ordering was thought to be a natural for the restaurant industry, and now there’s some research showing just how popular these apps have become. It turns out that, from 2013 through 2017, digital orders at restaurants grew at an average annual rate of 23%, and …

Elavon, the Atlanta-based merchant-acquiring subsidiary of U.S. Bancorp, says it plans to hire approximately 500 employees globally over the next three years. Elavon currently employs more than 730 people in Atlanta and more than 4,500 worldwide. BlockChyp Inc., a payment software and gateway provider, said it completed Level 3 certification …

Point-of-sale system maker Lightspeed debuted Lightspeed Payments, a service for in-store and e-commerce payments. The service unifies a merchant’s card-present and card-not-present transaction data into one reporting location within the Lightspeed POS software. Regardless of the card type, merchants pay 2.6% plus 10 cents per card-present payment and 2.6% plus …

In reporting its performance for the fourth quarter of 2018 as well as the full year, PayPal Holdings Inc. indicated its dependence on former owner eBay Inc. is down, Venmo monetization is up, and active accounts are surging. Meanwhile, the San Jose, Calif.-based company said it is entering a potentially …

Just 14% of U.S. smart-phone users are using mobile-payments services from smart-phone makers, such as Apple Pay from Apple Inc., according to a survey from Juniper Research, which says “the window of opportunity in the U.S. for mobile-payment providers like Apple Pay and Google Pay is closing fast.” The survey …

Holders of Discover cards can now add their cards to the Garmin Pay mobile wallet for Garmin International Inc. wearable devices to make contactless payments, Discover Financial Services and Garmin announced Monday. Today’s announcement means that Discover is joining Visa and Mastercard as a payment option for Garmin Pay wallet …